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Gold/Mining/Energy : Strictly: Drilling and oil-field services

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To: Broken_Clock who wrote (17257)3/30/1998 9:58:00 PM
From: Lucretius  Read Replies (1) of 95453
 
I was checking the news on OPEC and knew you kids would be declaring it "the end of the world" I never said we'd go straight up, just a nice slow uptrend. I do not see a retest of the lows for the majority of stocks. Some of the weaker issues might, and I emphasize "might." They probably won't. I don't see NE plunging back to 23 or RIG retesting for that matter. Some may be very disappointed when the dump their shares in the morning early only to find that they sold at an intraday low and the dreamed catastrophe was averted. Relax. Enjoy making some money for a change. Ask me how much money I've lost by sitting on my position and adding on dips since all this crap started back in Nov '97.

-Lucretius
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